Archive for November, 2007

Environment key for ethical investors

Environmental issues top the list of concerns for ethical investors, according to Standard Life Investments.  

Building societies attracted record savings of more than £3bn in October, as high interest rates continue to attract savers, according to the Building Societies Association (BSA).

Not so easy access

Savers should be aware that 6 of the top 10 easy access savings accounts carry penalties for fund withdrawals, according to Moneysupermarket.

Almost half of adults aged between 55 and 64 years old have no financial plan in place for retirement, even though 86 per cent believe the state pension won’t be enough, new research has found.

Consumers were bombarded by 313 million unwanted credit card cheques last year, according to uSwitch.

A massive 84% of consumers in their 50s and 60s think that the State pension is insufficient to live on in retirement. But 2 out of 3 people are not looking into financial plans for retirement until after their 50th birthday, according to new research conducted for pension provider Skandia.  

Halifax cuts savings rates

Halifax is to reduce its core savings rates by up to 0.25%, it announced today.

Rates rocket on personal loans

The credit crunch is hitting interest rates on unsecured loans hard, with many lenders becoming tougher on their loan approvals, according to research from independent financial comparison website moneyexpert.com.

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